$97,500
SOLD AUG 3, 2018
4 Beds
2 Baths
1,158 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

10% Below List Price

49 Days on Market

Highlights

  • Property is near public transit
  • Walking Distance to Water
  • Porch
  • No HOA
  • Thermal Windows
  • 4-minute walk to Williams Memorial Park

About This Home

As of March 2021

Looking for an investment property that you can live in as well? Here's your perfect opportunity! This can pay for itself in no time! Contemporary laid out 2nd floor comes with skylight and loft style bedroom plus a bonus room that's perfect for a home office set up. Laundry hookups in basement. Central location keeps you close to all downtown happenings. Seller willing to finance-- don't miss out on this juncture! Call today to set up your private viewing. Roof replaced 2014. New waterline (April 2018).

Last Agent to Sell the Property

Priscilla Shabarekh

Platinum Realty Group LLC License #REB.0792038 Listed on: 05/07/2018

Platinum Realty Group LLC

Last Buyer's Agent

Pam Mandelburg

William Raveis Real Estate License #RES.0799286

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1888

Lot Details

  • 1,307 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Smart Thermostat

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • New London High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $25,584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1158
  • Public Record Living Room Sq Ft: 1158
  • Total Sq Ft: 1158
  • Year Built: 1888
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Property being sold AS-IS. Home inspections are for buyer's information only. Contract may be contingent upon buyer's satisfaction of inspection results.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2436
  • Directions: Off of Blackhall Street Or Off of Broad Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Basement Hook-Up(s), Washer/Dryer Some Units
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 25584
  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 2204
  • Total Assessed Value: 50400
  • Mil Rate Base: 44.260
  • Mil Rate Total: 44.260
  • Assessor Parcel Number: 2000171

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2020
Sold by
Hamelin Rana T
Bought by
Mcneil Karen M
Current Estimated Value
$228,392

Purchase Details

Closed on
Apr 1, 2020
Sold by
Colucci Realty Lp
Bought by
Mcneil Karen M and Hamelin Rana T

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 3, 2018
Sold by
Howard Byron P
Bought by
Delaney Cody T
Seller's Agent
Priscilla Shabarekh
Platinum Realty Group LLC
Buyer's Agent
Pam Mandelburg
William Raveis Real Estate
List Price
$108,000
Sold Price
$97,500
Premium/Discount to List
-$10,500
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$73,125
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2014
Sold by
Mystic Motor Inn Inc
Bought by
Ocean Breeze Land Co L

Purchase Details

Closed on
Dec 30, 2013
Sold by
Ballato William
Bought by
Colucci Realty Lp

Purchase Details

Closed on
Nov 7, 2013
Sold by
Ballato James S Est and Guinan
Bought by
Ballato William

Purchase Details

Listed on
Nov 11, 2011
Closed on
Mar 26, 2012
Sold by
Lewis Brian K
Bought by
Howard Byron P
Seller's Agent
Bud Picazio
Signature Properties of NewEng
Buyer's Agent
Priscilla Shabarekh
Platinum Realty Group LLC
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Lewis Brian K

Purchase Details

Closed on
Feb 23, 2010
Sold by
Wells Fargo Bk
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jan 20, 2009
Sold by
Silvia Calo D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 23, 2005
Sold by
Renaldi Norman
Bought by
Tandogan Mahmut

Purchase Details

Closed on
Jul 19, 2004
Sold by
Lopez Tony and Lopez Ruby
Bought by
Calvo Silvia

Purchase Details

Closed on
Jul 7, 2000
Sold by
Beaulieu Robert W
Bought by
Lopez Tony and Lopez Ruby
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $240,000 None Available
Warranty Deed $97,500 --
Warranty Deed $97,500 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $200,000 --
Warranty Deed $200,000 --
Deed -- --
Deed -- --
Warranty Deed $65,000 --
Warranty Deed $65,000 --
Warranty Deed $55,000 --
Warranty Deed $55,000 --
Warranty Deed -- --
Warranty Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $79,000 --
Warranty Deed $79,000 --
Warranty Deed $155,000 --
Warranty Deed $155,000 --
Deed $78,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 Second Mortgage Made To Cover Down Payment
Open $103,500 Balloon
Previous Owner $73,125 Purchase Money Mortgage
Previous Owner $174,072 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $138,000 -7.9% $119 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $149,900 0.0% $129 / Sq Ft
08/10/2020 08/10/20 Rented $875 0.0% --
08/06/2020 08/06/20 Under Contract -- -- --
07/15/2020 07/15/20 Price Changed $875 -7.9% $2 / Sq Ft
04/16/2020 04/16/20 Price Changed $950 -5.0% $2 / Sq Ft
03/03/2020 03/03/20 For Rent $1,000 0.0% --
08/03/2018 08/03/18 Sold $97,500 -9.7% $84 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $108,000 +66.2% $93 / Sq Ft
03/27/2012 03/27/12 Sold $65,000 -27.7% $56 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $89,900 -- $78 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,655 $97,600 $18,600 $79,000
2024 $2,684 $97,600 $18,600 $79,000
2023 $2,156 $57,890 $7,770 $50,120
2022 $2,160 $57,890 $7,770 $50,120
2021 $2,197 $57,890 $7,770 $50,120
2020 $2,211 $57,890 $7,770 $50,120
2019 $2,310 $57,890 $7,770 $50,120
2018 $2,204 $50,400 $9,870 $40,530
2017 $2,231 $50,400 $9,870 $40,530
2016 $2,039 $50,400 $9,870 $40,530
2015 $1,990 $50,400 $9,870 $40,530
2014 $1,727 $50,400 $9,870 $40,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170080816

SmartMLS

APN: NLON-000029-000165-000025